BFM Podcast

Is SOCSO's EIS System Necessary?

Tan KW
Publish date: Tue, 24 Apr 2018, 10:32 AM

Datin Azlaily Rahman, Deputy CEO, SOCSO

24-Apr-18 10:26

When the EIS (Employment Insurance Scheme) system was first announced, it raised a number of questions.

One of it was -- is the EIS system necessary?

We ask Deputy CEO Datin Azlaily Rahman this.


Since the implementation of the Employment Insurance System in January this year many employers, as well as employees, are still in the dark about the scheme.

SOCSO estimates a total collection of RM479 million annually. Azlaily talks about what this contribution is for and explains their investment mandate

 

Presented by: Joyce Goh

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